Tuesday, February 7, 2012

Hydropower--A source of contention between Myanmar and China

I highly recommend people check out this article from the Asia Times that came out today.

Myanmar has suspended the construction of a major hydroelectric dam that is estimated to cost $3.6 billion (and to be funded by China). China is outraged and is accusing Myanmar of breaching their contract. 90% of the power from the dam was expected to be sold back into China. The dam was also a symbolic bellwether on Myanmar's stance on Chinese investment (including that pipeline the Natural Gas presentation talked about). On top of all this there is major debate about the environmental impacts both with climate change and glacial melt and potential for earthquakes.


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